{"id":11953,"date":"2017-05-29T13:51:30","date_gmt":"2017-05-29T03:51:30","guid":{"rendered":"http:\/\/www.realestatetalk.com.au\/?p=11953"},"modified":"2017-05-29T13:51:30","modified_gmt":"2017-05-29T03:51:30","slug":"new-depreciation-rules-proposed-for-residential-property-investors","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/","title":{"rendered":"New depreciation rules proposed for residential property investors"},"content":{"rendered":"

Good news \u2013 only applies to properties purchased after 9th<\/sup> of May 2017<\/b>
\nThe Federal Government has proposed adjustments to depreciation legislation in the 2017 Budget.
\nUnder the new rules which are yet to be legislated by Parliament, investors will be able to depreciate new plant and equipment assets within a new property and items they add to their property; however subsequent owners who acquire a property after 9th<\/sup> of May 2017 will not be able to claim depreciation on existing plant and equipment assets.
\nInvestors will still be able to claim qualifying capital works deductions, including any additional capital works carried out by themselves or a previous owner.
\nThe budget notes were clear that existing investments will be grandfathered. This means that anyone who purchased (exchanged contracts) a property before the 9th of May 2017 will be able to claim depreciation as per normal.
\nThe new legislation will be in force from 1st<\/sup> of July 2017.
\nIf you fall under this category, you can still claim depreciation on plant and equipment assets for both new and second-hand properties.<\/b> <\/b>
\nWe are currently speaking with government to further understand the intricacies relating to the budget notes and the proposed changes to depreciation of plant and equipment assets.
\nTo find out more, visit www.bmtqs.com.au\/property-investors-to-lose-out-from-proposed-budget-changes<\/a>.
\nArticle provided by BMT Tax Depreciation. <\/b>
\nBradley Beer<\/b> (B. Con. Mgt, AAIQS, MRICS, AVAA) is the Chief Executive Officer of BMT <\/b>Tax Depreciation.
\nPlease contact 1300 728 726 or visit\u00a0<\/b>www.bmtqs.com.au<\/b><\/a> for an Australia-wide service.\u00a0<\/b><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Good news \u2013 only applies to properties purchased after 9th of May 2017 The Federal Government has proposed adjustments to depreciation legislation in the 2017 Budget. Under the new rules which are yet to be legislated by Parliament, investors will be able to depreciate new…<\/p>\n","protected":false},"author":176692471,"featured_media":11964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34,36,17],"tags":[70],"class_list":["post-11953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bmt","category-finance-topic","category-property-investment-topic","category-property-investment","tag-featured"],"yoast_head":"\nNew depreciation rules proposed for residential property investors - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New depreciation rules proposed for residential property investors - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Good news \u2013 only applies to properties purchased after 9th of May 2017 The Federal Government has proposed adjustments to depreciation legislation in the 2017 Budget. Under the new rules which are yet to be legislated by Parliament, investors will be able to depreciate new...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-29T03:51:30+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"New depreciation rules proposed for residential property investors\",\"datePublished\":\"2017-05-29T03:51:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/\"},\"wordCount\":253,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Featured\"],\"articleSection\":[\"BMT\",\"Finance\",\"Property Investment\",\"Property Investment Topics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/\",\"name\":\"New depreciation rules proposed for residential property investors - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-05-29T03:51:30+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/new-depreciation-rules-proposed-for-residential-property-investors\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New depreciation rules proposed for residential property investors\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\",\"name\":\"rolanrush\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"caption\":\"rolanrush\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/rolanrush\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New depreciation rules proposed for residential property investors - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/","og_locale":"en_US","og_type":"article","og_title":"New depreciation rules proposed for residential property investors - Realty Talk","og_description":"Good news \u2013 only applies to properties purchased after 9th of May 2017 The Federal Government has proposed adjustments to depreciation legislation in the 2017 Budget. Under the new rules which are yet to be legislated by Parliament, investors will be able to depreciate new...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/","og_site_name":"Realty Talk","article_published_time":"2017-05-29T03:51:30+00:00","author":"rolanrush","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rolanrush","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/"},"author":{"name":"rolanrush","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"headline":"New depreciation rules proposed for residential property investors","datePublished":"2017-05-29T03:51:30+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/"},"wordCount":253,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/#primaryimage"},"thumbnailUrl":"","keywords":["Featured"],"articleSection":["BMT","Finance","Property Investment","Property Investment Topics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/","name":"New depreciation rules proposed for residential property investors - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/#primaryimage"},"thumbnailUrl":"","datePublished":"2017-05-29T03:51:30+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/new-depreciation-rules-proposed-for-residential-property-investors\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"New depreciation rules proposed for residential property investors"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d","name":"rolanrush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","caption":"rolanrush"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/11953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692471"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=11953"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/11953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=11953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=11953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=11953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}